According to IMARC Group’s latest report, titled “North America Digital Pen Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the North America digital pen market reached a value of US$ 190.3 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 14.2% during 2021-2026.
A digital pen is an electronic ballpoint device that enables the user to capture a handwritten note or to draw digitally. It is synced with several devices, such as tablets, laptops, smartphones, digital paper, etc. A digital pen also includes touch-sensitive features, in-built memory, input buttons, electronic erasing capability, etc. It enables the organizations to record text entry, diagrams, and quick notes, to improve the workflow. Digital pens are widely used across various industries, such as IT, telecom, education, BFSI, healthcare, etc.
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Rapid digitization, along with high penetration of advanced consumer electronics and smart devices, is primarily driving the digital pen market in North America. Additionally, the rising education sector facilitates the utilization of these devices as digitally advanced teaching tools. The increasing use of digital books in the region further inflates the market growth. Moreover, the widespread digital culture in the entertainment and media sector, coupled with growing applications of digital pens in animation and design works, are further driving the product demand. Additionally, the rising integration of digital pen with optical devices and wireless connectivity also expands its adoption across diverse industry verticals for error-proof data collection. The market is further catalyzed by the rising environmental awareness towards paper wastage, thereby propelling the demand for digital alternatives. In recent times, the outbreak of COVID-19 in North America has also augmented the adoption of digital pens for virtual training across various industries.
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List of Key Companies Covered in this Market Report:
Hewlett Packard Enterprise (HPE)
Anoto Group AB (Livescribe Inc.)
D’Ieteren (Moleskine Srl)
Neolab Convergence Inc.
Staedtler Mars GmbH & Co. KG (Staedtler Noris GmbH)
Wacom Co. Ltd.
The report has segmented the market on the basis of product type, platform, technology, compatibility, application, end-user and country.
Breakup by Product Type:
Breakup by Platform:
Breakup by Technology:
Accelerometer Digital Pen
Active Digital Pen
Positional Digital Pen
Camera Digital Pen
Trackball Digital Pen
Breakup by Compatibility:
Multiple Operating System
Single Operating System
Breakup by Application:
Billing and Back Office
Breakup by End User:
IT and Telecom
Breakup by Country:
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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